Chennai: The Chennai Port Trust has signed a memorandum of understanding (MoU) with the Canadian Port of Halifax for cooperation in various fields including exchange of experts, knowledge, and technical cooperation in port management covering operations of specialised terminals like containers, tourism and trade development between the two countries, reports the Press trust of India.
"This is a historic day for us and the signing will be a major initiative for Chennai Port especially in handling of automobiles'' said K Suresh (pictured), chairman of the South Indian port.
Halifax Port ceo and president, Ms Karen Oldfield stated that the MoU is particularly significant as it was the first that the Canadian port has signed with a South East Asian country. She pointed out that India accounted for a third of all business from South East Asian Ports - which are collectively responsible for 35% of Halifax's total throughput.
The agreement will see committees from both ports visit each other's facilities and exchange information gained through the meetings. [28/01/09]
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